Solana: Chipping Away at the Ceiling 🔨
$SOL is currently trapped in a tight tug-of-war. Every attempt to break higher is getting "clipped" by sellers, leaving behind long wicks and zero momentum. It’s not a violent crash, but rather a slow exhaustion where candles are simply stepping on each other without making progress.
📉 Trading Plan (Short)
Entry Zone: $85.4 – $86.5
Stop Loss (SL): $87.8
Take Profit (TP): $83.5 | $82.0 | $80.5
🔍 Market Context
The Struggle: Price keeps probing the upper band only to slip back instantly.
The Momentum: The initial bounce off the base had spark, but the drive has evaporated into sideways "churn."
The Risk: If $SOL begins "living" above the lid—holding a pop instead of fading—the thesis is dead.
Execution: Holding current exposure. No adding until the trend confirms. If it stops getting pushed back inside the range, I cut.
Short $SOL 👇
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